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AIM Health Group Inc. continues increased quarterly profits
Date:11/30/2009

TORONTO, Nov. 30 /PRNewswire-FirstCall/ - AIM Health Group Inc. ("AIM" or the "Company") (TSXV - AHG), a fully integrated health care company, announced today that its net income for the three month period ended September 30, 2009 (the "Quarter") increased to $633,199 from $12,319 in the same period in 2008. At the same time EBITDA(1) increased 290% to $910,734 from $230,862, on a quarter-over-quarter basis. The Company also announced that revenues increased 87% to $13.1 million in the Quarter from $7.0 million for the same period in 2008.

For the nine months ended September 30, 2009, income increased to $1,270,678 from a loss of $138,098 for the same period in 2008. Similarly, EBITDA increased to $2,389,875 for the nine months ended September 30, 2009, compared to $639,413 in the same period in 2008 and revenues increased from $21.9 million to $40.4 million, on a year-over-year basis. Revenue and income include the operating results of Med-Emerg International (MedEmerg) since its acquisition on January 20, 2009.

Lu Michael Barbuto, President and Chief Executive Officer of AIM commented, "Our recently completed $3.5 million financing and our improving operating results put us in a financial position going into 2010 where we can continue to expand operations and seek other growth opportunities within our core competencies."

    The Company's financial results are summarized as follows:

    ($000's except         Three Months Ended          Nine months ended
     share information)       September 30                September 30
                      --------------------------- ---------------------------
                           2009          2008          2009          2008

    Revenue                 13,144         7,031        40,419        21,950
    EBITDA(1)                  911           167         2,390           639
    Net income (loss)
     for the period            633            12         1,271        
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SOURCE AIM Health Group Inc.
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